BOI MSME LOAN PRODUCTS
1) MSME WELCOME OFFER 2022-23
2) STAR ASSET BACKED LOAN
(BSABL)
3) STAR STANDBY LINE OF CREDIT
4) STAR MSME E RICKSHAW FINANCE
5) STAR MSME GST PLUS
6) PRADHAN MANTRI MUDRA YOJNA
(PMMY)
7) STAND UP INDIA
8) START UP INDIA
9) SRTO SCHEME FOR COMMERCIAL
VEHICLE
10) STAR SME AUTO EXPRESS
11) STAR DOCTOR PLUS
12) STAR SME LIQUID PLUS
13) STAR SME EDUCATION PLUS
14) STAR SME CONTRACTOR CREDIT
LINE
15) STAR LAGHU UDYAMI SAMEKIT
LOAN
16) STAR MSE DEMAND / TERM LOAN
17) ARTISAN CREDIT CARD (ACC)
18) PRIYADARSHINI YOJANA
Eligibility: New to our Bank (Including takeover): (Borrowers not having credit facility
with our Bank). Falling under MSME Category including Food and Agro units complying
MSME norms. (Borrowers enjoying Gold Loan, Loan Against TDR and Schematic Retail
Loans with our Bank will also be eligible)
• Udyam Registration is Mandatory,
• GST Registration and LEI No in all eligible cases.
a) Account with min. CCR of 40% and/or FACR 1.00 with CBR 1 to 5.
b) CBR 6 to 10 not eligible
c) Only CGTMSE covered accounts are not eligible. In case of CGTMSE with hybrid
model minimum CCR 30% with CBR 1 to 5.
Facilities: WC/TL/NFB Limit
Loan Amount: Minimum: Rs. 0.50 crore
Maximum: Rs. 50.00 crore
Credit Rating: Entry level norms SBS5/SME5.
 RATE OF INTEREST WILL BE AS UNDER
ROI (%) to be linked with RBLR + CRP with spread (Spread consist of BSP+CRP)

Unit other than MSME Export finance for MSME Export finance (EPC/FBP) limit

Internal Credit Rating 1 to 3 @ RBLR @ RBLR —(BSD) 0.50%

Internal Credit Rating above 3 & @ RBLR +0.15 @ RBLR + 0.15 - (BSD) 0.50 % i.e. RBLR - 0.35 %
up to Entry level and where CBR
is not available
Delegation for considering ZLCC UP TO 0.25% NBGLCC UP TO 0.60% (Inclusive of ZLCC)
concession

50% concession on applicable PPC.

50% concession on applicable BG charges.
30% concession on applicable LC charges.
CBR 1 to 4 with Internal SMEUC/SME CC I SME CC SZLCC ZLCC NBGLCC
rating II
Secured 5.00 10.00 15.00 35.00 Full power

Unsecured / Partial 2.00 3.00 3.00 17.50 Full power

Secured
Per Group Celling 10.00 20.00 25.00 50.00 Full power

Following guidelines for take-over of accounts from the banks where any of our EDs and MD & CEO
has worked needs to be followed.
a) In case the aggregate credit facilities are up to Rs. 10 Crs, the delegated authority to sanction the
proposal is minimum NBGLCC. Sanction will however be effective only after reporting to Board.
b) In case the aggregate credit facilities are above Rs. 10 Crs, the delegated authority to sanction the
proposal is minimum CAC. Sanction will however be effective only after reporting to Board.
1) Welcome Offer is targeting new customers having high CBR ranking i.e. CBR 1
to 5 and offer is available for limited period with sun set clause. Therefore,
take over norms are not applicable.
2) if total limit is more than 150% of limits enjoying with the existing lender, shall
be sanctioned at one level above the sanctioning authority.
3) However the guidelines for take-over of accounts from the banks where any of
our EDs and MD & CEO has worked needs to be followed as mentioned in
delegation norms above.
4) Accounts canvassed under this offer with exposure up to Rs.25.00 Cr is
exempted from the Stress Sector / ACC Norms.
1) Gems & Jewellery Sector is not allowed under this Welcome
Offer Scheme.
2) Scheme is valid up to 30.06.2024 for sanction and disbursement
should be made within 3 months of sanction.
3) The fresh view on concession in ROI and other service charges
will be taken at the time of annual review of the account based
on its conduct and rating.
4) Necessary credit information from the transferor bank to be
obtained as per guidelines.
Target Group: All Business Units (Micro, Small and Medium Enterprises) who
want to avail loan facility for manufacturing, services & Trading activities covered
by MSMED Act.
Purpose:
1. To provide working capital for building-up of current assets.
2. To acquire fixed assets plant and machinery needed for business purpose,
capacity expansion, modernization.
3. To Purchase/Renovate/Construct Business Premises/ Office
/Godown/shop/Unit etc.
4. To tide over temporary liquidity mismatch.
5. To repay high cost debt (i.e. Business Loans of other Banks/Fls).
Loan Amount: Min. Rs. 0.10 crores & Max. Rs. 15.00 crores.
Note: With the modification in BSABL, the scheme 'BOI Star Vyapar' has
been withdrawn and discontinued.
1) Type of Facility:
i) Overdraft Limit (Regular/Reducible)
ii) Term Loan
iii) Working Capital Demand/Term Loan
iv) NFB Limits (LC / BGs) (sub limit of Fund Based Limit)

1) Eligible
Customers: All Existing Business enterprises complied with applicable
statutory requirements such as GST Registration, Udhyam Registration, License
under Shops & Commercial Establishment Act, Trade License/another necessary
license to run the unit (as the case may be) subject to the unit should have completed
at least one full year operation in and should have earned cash accrual in last
preceding year.

2) Note:
- HUFs are not eligible. Stress sectors norms not applicable. Gems and
Jewellery business not allowed.
 Overdraft Regular Limit : One year subject to annual review
 Reducing Overdraft Limit: Limits sanctioned for periods from 12 months to 180 months
with reducing EMI/EQI in the limit, depending upon the cash accruals.
 Term Loan: Maximum repayment tenor 15 years inclusive of maximum 12 months
moratorium. Installments may be recovered Monthly/ Quarterly.
Note: In Both Overdraft Regular/Drop down Overdraft
1) No over-drawings permitted.
2) Interest to be recovered every month during moratorium period.
3) All the facilities to be repaid/adjusted 5 years prior to the residual life of the property.
NFB facility: NFB limits (BG/LC) preferably should be earmarked with Fund Based Limits
subject to additional 20% cash margin.
Credit Rating HLC/MS/SME/SBS 5 equivalent (Up to entry level for New
Accounts):
For the original tenor up to 5 Yrs (Including OD regular) :- RBLR (floating) +
BSP/BSD + CRP (0.90)
For the original tenor above 5 Yrs :- RBLR (floating) + BSP/BSD + CRP (1.25)
Credit Rating below entry level (In case of review only): Internal rating linked
pricing will be as applicable to regular MSME A/cs.
NFB Commission: 25% concessions in applicable NFB Commission.
Concession in ROI: Concession up to 0.50% in CRP is allowed only at NBGLCC
level valid for one year and sanction authority will review every year continuation of
the concession at the time of review of the limits.
Residential property :
Maximum up to 60% of realizable Value of the property.
Other than Residential Properties:
Maximum 50% of realizable value of the property.
Market Value can be considered in the place of realizable value, only in case two valuation
reports from different empanelled valuer is available.
(In case of more than one property mix of residential and commercial property are offered, pro
rata value shall be reckoned).
In case of Cash Margin under NFB, LTV net of Cash Margin to be computed. e.g
BG Rs.5.00cr Cash Margin Rs.1.00cr
Residential Property RVS Rs.7.00cr.
LTV- (5.00-1.00)/7.0=57%
The need based assessment for the requirement o credit limits has to be
done.
Overdraft limit: Projected Turnover to be computed at 125% of the annual
sales/receipts as per GST return (for last FY) or prescribed LTV ratio whichever is
lower.
Maximum Limit to be computed at 25% of projected Turnover as assessed above.
Term Loan: Maximum 75% of the assets to be created out of the loan or
prescribed LTV ratio whichever is lower.
NFB Limits: LC/BG limits should be need based for business.
Only NFB Limits are not allowed under the scheme.
(If the loan is considered to tide over temporary liquidity mismatch or repay high
cost debt quantum of loan will be restricted to prescribed LTV Ratio.)
Note: For Reducible Overdraft Limit and Term Loan, average DSCR ensure to be
maintained above 1.35 with minimum 1.15.
 STAR STANDBY
LINE OF CREDIT
(HOBC No. 113\166 Dated 13.12.2019)
Facility: Demand loan for a period of 12 months.
Purpose: To meet the temporary liquidity mismatch & other business requirement.
Eligibility Criteria:
a) All existing satisfactory conducted standard account enjoying WC limits with our
bank.
b) All borrowers having valid GSTIN or borrowers exempt from GST.
c) Borrower should fall under MSME category as per MSMED Act.
Loan Amount: Maximum Rs. 1.25 Cr.
Assessment of Loan: Maximum 25% (only fund based limits allowed within D/P) of
existing Working Capital Limit (FBWC+NFBWC)
Security:
Primary Security- Hypothecation of Stock & Book Debt
Collateral Security: Extension of charge on other existing primary and collateral
security. If loan to be covered under CGTMSE/CGFMU it should be obtained for
additional limit.
Repayment: The limit to be repaid in next 12 months, including initial moratorium.
Margin: Nil under the scheme
ROI: 0.50% above the present ROI. ROI linked with MCLR/RBLR.
Credit Rating: As per applicable rating models
Sanctioning Authority: Minimum Chief Manager and above as per delegation.
 STAR MSME
E RICKSHAW FINANCE
Free code: 382
(HOBC No. 112\77 Dated 27.08.2018)
Objective: To provide assistance to transport operators under Micro category and to
create employment opportunity.
Purpose: 1. For purchase of New E Rickshaws.
2. Funding Cost of one time Battery Replacement.
Eligibility Criteria:
1. All individual, Transport Operators, Association, Proprietorship Firm, Partnership
Firm engaged in transport business.
2. The borrower should have permission for run e rickshaw for passenger or goods
transport.
Assessment of Loan: The economic viability should be worked out as per
prescribed proforma applicable to SRTO Loans.
Minimum DSCR: 1.25
Extent of finance & Margin:
1. 1. For new E Rickshaw: Maximum 85% of the invoice cost of vehicle or 80% of on road price
whichever is less.
2. 2. Battery replacement after one year: 75% of the Battery Replacement Cost.
3. 3. Battery Replacement Cost to be considered only once and should be within the maximum
quantum of finance under the scheme.
Security:
Primary Security- Hypothecation of Vehicle Purchased.
Collateral Security: Loan to be covered under CGTMSE/CGFMU.
Repayment:
1. 1. For new E Rickshaw: Repayable in 48 months with maximum moratorium period of 01
months.
2. 2. Battery replacement: Repayable in 18 months with maximum moratorium period of 01
months.
STAR MSME GST PLUS
(HOBC 111/155 DT. 29.12.2017)
(HOBC 111/169 DT. 10.01.2018)
Eligibility: Existing new borrowers engaged in Trading/ Manufacturing activities
(MSME Category) having valid GSTIN.
Purpose: To meet need based working capital requirements for Fund based and Non-
fund based.
(In case of working capital limit against both stock and book debt, the drawing power
allowed against book debt will not more than 40% of the total limit.)
Margin: 25% on stock, 40% on Book Debts.
Quantum of Loan: Min.Rs.10 Lakh Max. Rs.500 Lakh.
(If financed against only book debt, then maximum Rs.200 Lakh.)
ROI: 0.50% concession on applicable rate.
Security: Primary- Hypothecation of Stock and/or Book Debts (Up to
90 Days)
Collateral: Minimum CCR 65%(If CGTMSE cover not available) or
CGTMSE Coverage.
Assessment of Loan:
a) As per turnover specified in GSTR-1 and/or GSTR 4 returns of
borrowers.
b) Quantum of working capital limit should not exceed 25% of annual
turn over (Micro & Small Enterprises) and 20% of annual turn over
(Medium Enterprises).
PRADHAN MANTRI MUDRA YOJNA
(PMMY)
Free Code: Shishu-300, Kishore-369, Tarun-370
(HOBC No.110/89 Dt. 09/08/2016)
On 8th April 2015 Prime Minister declared launching of
PMMY Loans with Micro Units Development and
Refinance Agency Ltd (MUDRA).
Objective: To fund the unfunded sector and to bring
million of units which are existing outside the formal
banking fold and grow by bank. finance.
Non Corporate Small business Segment Group (NCSB)
comprising Small manufacturing Unit, Service Sector Unit,
Shopkeepers, SRTO, Vegetable/Fruit Venders, Food
processor etc.
Non farm sector allied activity to Ag. E.g. , Fishery, Poultry,
dairy, Grading, Agriclinics & Agribusiness, Food & Agro
Processing etc.
Weaver and artisans.

Govt. sponsored scheme like NRLM, NULM, PMEGP etc.

 Eligibility:– Any Individuals/Enterprises including women,
Proprietary concern, Partnership firm, Private limited co. etc
having Mfg., Trading & Services activity, and having
necessary approvals.
 Purpose:– For setting up of new/upgrading existing micro
business enterprises.
 Facility:– Term Loan/ Cash Credit up to maximum Rs. 10 lac.
 Repayment:- Maximum 84 month including moratorium.
 Scheme Shishu Kishore Tarun
1) .
Extent of finance Up to Rs. 50,000/- >Rs. 50,000/- up to Rs. >Rs. 5.00 lac up to Rs.
5.00 lac 10.00 lac
Margin Nil 15% 15%

2)Primary Security: Hypothecation of all assets.

3)Collateral Security: Nil

4)Third Party Guarantee: Nil

5)All eligible activity is covered under guarantee covered of NCGTC

under Credit Guarantee Fund for Micro Units (CGFMU).
6)Credit Rating: Exempted
Rate of Interest: As per extent guidelines.
ROI benefit to women beneficiary: Nil up to Rs.
.
50,000/-, 1% concession over Rs. 50,000/-.
Processing Fees, Documentation charges: As per
extant guidelines of HOBC HOBC 117/54 dated
06/05/2023.
Sanctioning Power: As per existing delegation of
power.
Stand-Up India Scheme
Free Code: 372
(HOBC No. 117\94 Dated 06.07.2023)
 Objective/Purpose:
1) To facilitate bank loans between Rs. 10.00 lakh and one crore to at least one Scheduled
Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower for setting
up a Greenfield enterprise. This enterprise may be in manufacturing, services or the trading
sector.
2) Loans for enterprises in "Activities allied to agriculture" e.g. diary, fishery, agriclinic and
agribusiness centres, beekeeping, poultry, etc (with effect from Feb 8, 2021).
Eligibility Criteria:
1. SC/ST and/or woman entrepreneurs, above 18 years of age.
2.Loans under the scheme are available for only green field project. Green field signifies, in this
context, the first time venture of the beneficiary in the manufacturing or services or trading
sector.
3. In case of non-individual enterprises, 51% of the shareholding and controlling stake should be
held by either SC/ST and/or Women Entrepreneur.
4. Borrower should not be in default to any bank/FI.
Nature of Loan: Composite loan (inclusive of term loan and working
capital) from Rs.10 lakh to Rs. 100 lakh.
Size of Loan: Composite loan of 85% of the project cost inclusive of term
loan and working capital. The stipulation of the loan being expected to
cover 85% of the project cost would not apply if the borrower's
contribution along with convergence support from any other schemes
exceeds 15% of the project cost.
Security: Besides primary security, the loan may be secured by collateral
security or guarantee of Credit Guarantee Fund Scheme for Stand-Up
India Loans (CGfSIL).
Repayment: Repayable in 84 months with maximum moratorium period of
18 months.
Credit Rating: Applicable as per turnover of borrower entity. (Ref- HO
BC116/059 dated 06.05.2022)
Rate of Interest: The rate of interest would be applicable as per internal credit
rating category and not to exceed {(RBLR) + 3% CRP)}.
Working Capital: Working capital up-to Rs.10 lakh, the same may be
sanctioned by way of overdraft and above Rs. 10 lakh to be sanctioned by way
of Cash Credit limit. RuPay debit card to be issued for convenience of the
borrower.
Margin Money: 15% margin money which can be provided in convergence
with eligible Central / State schemes. While such schemes can be drawn upon
for availing admissible subsidies or for meeting margin money requirements.
In all cases, the borrower shall be required to bring in minimum of 10% of the
project cost as own contribution.
PPC & Charges: As per extant guidelines. HOBC 117/54 dated 06/05/2023
Sanctioning Authority: As per delegation.
Due Diligence: Due diligence as per extant guidelines to be undertaken.
CIBIL/RBI defaulters' list/ECGC SAL to be verified. KYC documents to be
obtained and verified
Documentation: As per extant guideline.
Monitoring: i) Pre/post sanction/disbursement Inspection and periodical
inspection to be carried out regularly.
ii) Account to be reviewed annually.

Portal: www.standupmitra.in
Start Up means an entity, incorporated or
registered in India not prior to ten years, with
annual turnover not exceeding Rs. 100 crore in
any preceding financial year, working towards
innovation, development, deployment or
commercialization of new products, processes
or services driven by technology or intellectual
property.
 Startup means an entity, incorporated as:
 Private Limited Company, Registered Partnership firm, and LLP Whose period
of existence and operations should not have exceeded 10 years from the date
of its incorporation/registration and annual turnover has not exceeded Rs.100
Cr in any of the financial years since its incorporation.
 Entity is working towards innovation, development or improvement of a
products, processes or services and/or have scalable business model with
high potential for creation of wealth & employment.
 Provided that such entity is not formed by splitting up or reconstruction of a
business already in existence.
An entity shall cease to be a 'Start-Up' if its turnover for the previous financial
years has exceeded Rs.100 Cr or upon completion of 10 years from the date of
incorporation/ registration.
 OBJECTIVE: Funding support to eligible Start Ups recognized by the Department
of Promotion of Industry and Internal Trade (DPIIT).
ELIGIBILITY:
1)Start Ups defined, as per policy of the Bank.

2)The unit must be eligible and certified as start up by the concerned government
authority as per Start Up India Scheme.
3)The constitution of the unit should be private limited company (under the
companies act 2013), Registered Partnership firm (under the Indian Partnership
act 1932) and limited liability Partnership (Under partnership act 2008).
4)The startup must have stable revenue as assessed from audited monthly
statements over a 12 month period as per Annexure-111, amenable to Bank
finance.
5)The startup must not be in default to any lending institution/Bank.
Purpose: To finance towards innovation, development or
improvement of a products, processes or services and/or
have scalable business model with high potential for
creation of wealth & employment.
Nature of facilities: Term Loan/Working Capital/Non fund
based limit Composite loan may be considered at the time of
initial sanction.
Composite loan may be considered at the time of initial sanction.
Non EMI / EMI (monthly)
Quantum of finance:
Minimum: Rs 0.10 crore
Maximum: As per assessment
Assessment of loan: Assessment to be made as per the credit policy of the Bank.
Margin:
Term Loan: 25%
Working Capital: 10%
Receivables: 25%
Non Fund Based: LC/BG : 15%
Rate of Interest :ROI to be fixed on the basis of Credit risk rating.
1% concession in applicable ROI, subject to minimum ROI should not be less
than RBLR.
Primary: All tangible assets created out of Bank's finance shall be charged in
favour of the Bank by way of Hypothecation/Mortgage.
Collateral: The facility up to Rs.10 Cr may be covered under Credit Guarantee
Scheme for Startup (CGSS).
OR
The facility may be partially secured by CGSS and collateral security.
OR
The facility may be only secured by the collateral security with collateral
coverage ratio of 0.60 and above.
NB: If the existing borrower has availed ECLGS and wants to avail CGSS,
ECLGS loan shall need to be closed.
Repayment:
Working Capital: repayable on demand.
Term Loan: Maximum Door to Door repayment shall be 120 months including
moratorium period of maximum 24 months.
 Personal Guarantee of promoters / directors / partners of the firm / major
shareholders / guarantors can be obtained.
 Comprehensive Insurance of all the securities charged to the Bank with
Bank's hypothecation clause must be obtained
 The facility may also be covered under CGTMSE as per extant guidelines of
CGTMSE.
 The Fees for the guarantee cover, if any will be borne by the borrower.
 Target Group: Individuals, proprietorship, Partnership firms, Limited Company, society,
trust.
 Purpose: To finance commercial vehicle, earth moving equipment, excavator for
commercial use
 Item to be financed: Cost of equipment “on the road “
inclusive cost of chassis, body, tools etc.
Appraisal of loan: The economic viability should be worked out as per prescribed
Performa. No detailed project report is to be obtained for commercial use vehicles.
DSCR- Min. 1.25
 Type of facility: Term Loam,
 Margin: 15% of project cost.
 Repayment: 5 to 7 years including moratorium 3 months.
Rating: For limits up to Rs. 500 lakh for SRTO borrowers, scoring sheet is applicable
and entry level is 20 marks. For SRTOs with limits above Rs. 200 lakh and Equipment
Hirers irrespective of limit, appropriate Rating Model to be used and entry level as per
extant guidelines will be applicable.

Rate of Interest: As per extent guidelines(ROI will be linked to RBLR);

Limits Credit Risk Premium
Up to Rs 2.00 lakh 0.00
>Rs 2.00 lakh up to Rs 20.00 lakh 1.50
>Rs 20.00 lakh up to Rs 50.00 lakh 2.00
>Rs 50.00 lakh up to Rs 100.00 lakh 3.00
Fleet Owners —Limits > Rs 100.00 lakh 2.50
Security Primary: Hypothecation of the vehicle purchased out of the proceeds of the loan.
(Registration of Bank's charge with the RTO and in the RC Book in the case of vehicles)
Collateral Security : Micro and Small (Services Enterprises), can be sanctioned collateral free
term loan up to Rs. 500 lakh, subject to coverage under guarantee provided by (CGTMSE) Credit
Guarantee Fund Trust for Micro & Small Enterprises. For loans above Rs 500 lakh, suitable
collateral security to be obtained depending upon the merits of individual cases.
PPC: Nil up to limit of Rs 5.00 lakh, For limits above Rs 5.00 lakh, please refer to HOBC 110/162
dated 15/11/2016.
Insurance: Assets charged to the Bank to be comprehensively insured with Strike Riot and Civil
Commotion (SRCC) clause and Bank's charge to be mentioned in the insurance policy.
TAT: 8 Banking days after receipt of complete information.
STAR SME AUTO EXPRESS
Free Code-358
(BC No.104/129 Dt 13/01/2011)
Target Group
 All existing SME units run by Individuals, Proprietorship / Partnership firms,
Limited Company, Trust, Society.
Eligibility
 The unit / borrower should have sufficient net worth/source of funds to pay
for the margin and initial recurring expenses. Conduct of the existing account
must have been satisfactory.
 Entry level credit rating should be SME 5.
Purpose
 To purchase transport vehicles for delivering their products / Services.
 Educational institutions also eligible for transport vehicles for providing
transportation services to students / faculty / staff.
 Only new vehicles will be considered. Second hand vehicles not permitted under
the scheme.
 Items To Be Financed:
 Chassis + Body building costs + registration, insurance, road tax,
accessories AMC etc.
Appraisal Of Loan:
 The economic viability should be worked out as per the overall income
generated and surplus for loan installment / interest payment from the
existing business operation of the unit.
 Average DSCR should be minimum 1.25.

Nature Of Facility: Term Loan

Repayment: To be repaid in 84 equated monthly installments inclusive of
moratorium of maximum 3 months.
Margin: 20% of the cost of vehicle on road
 Rate of Interest
 As per extent guidelines.

Processing Fee, Documentation charges

 As per extant guidelines in terms of HOBC HOBC 117/54 dated 06/05/2023 Security
Primary: Hypothecation of the vehicle purchased out of the proceeds of the loan. Bank’s
name as charge holder to be got entered in the books of the RTO and also the
Registration certificate.
Collateral: Micro and Small (Services Enterprises), can be sanctioned collateral free term
loan up to Rs. 500 lakh, subject to coverage under guarantee provided by (CGTMSE) Credit
Guarantee Fund Trust for Micro & Small Enterprises. For loans above Rs 500 lakh, suitable
collateral security to be obtained depending upon the merits of individual cases.
 Insurance
 Comprehensive insurance policy covering various risks including civil
commotions and riots should be arranged.
 The policies should be renewed from time to time and copy retained on
branch record.
 Vehicles to be insured in the name of the borrower only but bank’s
interest to be got noted in the insurance policy.
Disbursement
 Disbursement to be made direct to the suppliers by means of an
account payee draft/pay order and acknowledgement to be obtained.
Authorized Branches
 All branches of the Bank.
 Other Supporting Documents
 Identity/Residence proof
 Photograph of borrower/co – borrower and guarantor with their
signatures attested by their Bankers.
 Balance sheet and profit & loss statement of last two years in case of
firms/ companies.
 Partnership letter in case of partnership firms.
 Copy of Memorandum and Articles of Association, certificates of
Incorporation and Commencement of business duly attested and copy of
board resolution for availing the loan in case of limited companies.
 For borrowers already having vehicles, copy of Registration Certificate
 PDCs to be obtained and kept on record.
BOI STAR DOCTOR PLUS
Free Code-363
(BC No.117/88 Dt. 27/06/2023)
1)Objective: To meet the financial requirements of
medical/healthcare professionals.
2)Eligibility: Individuals & Firms /LLP/ Society/ Companies /
Trusts engaged in providing medical, pathological /
diagnostic > other healthcare services, where minimum 51%
of shareholding / stake is held by qualified practitioners.
3) Proponents should be professionally qualified in the age
group of 25 to 60 years with minimum qualification MBBS,
BDS, BHMS, BAMS, BUMS, BPT, etc
Purpose:
1. For acquisition of premises or purchase of plot & construction.
2. For setting up /running/expansion/ renovation/modernization clinics, nursing homes,
pathological labs, hospitals.
3. For purchase of furniture & fixture, furnishing, medical equipments for renovation of existing
clinics, nursing homes, pathological labs, hospitals.
4. For purchase of Ambulance/Utility vehicles
5.Working Capital requirement for meeting recurring expenses, stock of medicines/consumables
etc.
Margin:
15% For acquisition of premises or purchase of plot & construction on TL.
15% forpurchase of equipment/ machinery & Vehicle/ambulance on TL.
Nil for working capital (clean).
 SEGREGATED IN FOUR SEGMENTS
Types of Business Equipment Loan WC Vehicle
advance Premises (Clean) loan

Extent of Rs. 50.00 crore Rs. 50.00 crore Rs. 5.00 crore Rs. 2.00 crore
Finance (LC limit can be
allowed within limit)
Repayment repayable in repayable in 5-10 N.A. Term loan
Max. 10 years Years with Moratorium (Annual repayable in 8
Including 12 month depending review) years with
Moratorium upon Cash Accrual moratorium of 2
month
 SECURITY:
Primary : Hypothecation of assets acquired out of Bank finance. Equitable
Mortgage of property in case of construction/acquisition/renovation.
Collateral : Loans up to Rs. 2.00 crore to be covered under CGTMSE
Guarantee scheme. (subject to investment in equipments)
1)For loans above Rs. 2.00 crore up to Rs. 10.00 crores, no collateral
security may be insisted upon subject to FACR greater than 1.15.
2)For loans above Rs.10.00 crores, minimum 20% collateral security to be
obtained.
3)FACR is applicable in case of TL, Clean limit can be kept outside the
calculation of FACR.
 RATE OF INTEREST WILL BE AS UNDER
Credit Rating ROI (%) to be linked with RBLR
SBS/SME/MS/ HLC 1 & 2 RBLR + 0.20% p.a.
SBS/SME/MS/ HLC 3 to 4 RBLR + 0.40% p.a.
SBS/SME/MS/ HLC 5 RBLR + 0.60% p.a.
Concession in ROI should be adjust in BSS (BSD/BSP). For example, ROI for SBS/SCBL 1 account to be calculated
as: RBLR (9.35%) — BSD (1.19%) + CRP (1.39%) i.e. 9.55 % p.a. CRP should not be changed at any point of time.
In case, at the time of review, unit's internal rating is below entry level, interest benefit under BOI Star Doctor
Plus will be withdrawn and internal rating linked pricing will be applicable.
In case proponents are providing collateral security, further concession in ROI may be permitted as under:
Col. Security >25% further 0.10% Concession. Col. Security >50% further 0.25% Concession.
 ROI for Vehicle Loan: At RBLR
50% concession on applicable PPC for all facilities.
STAR SME LIQUID PLUS
Free Code-357
(BC No.104/129 Dt. 13/01/2011)
Target Group
 Proprietorship/Partnership
firms, Limited Companies of SME.
 Engaged in the business for the past 3 years with audited financial
statement of accounts .
Eligibility
 The borrower should have known source of funds to pay for the
margin and initial recurring expenses.
 Should be profit making for the last 2 years

 Entry level credit rating SME 5.

Purpose:
 General purpose term loan for SME constituents.
(For R & D activity, marketing and advertisement expenses,
Purchase of machineries / equipments, Preliminary expenses
etc. )
TERM LOAN:
 The safety of this advance will substantially depend on cash
flow arising out of activity being financed.
 It should be ensured that the profits generated/ anticipated to
be generated turns into liquid cash to service the loan.
Loan Limit
 Minimum : Rs. 10.00 lakh
 Maximum :Rs. 500.00 lakh

Appraisal of Loan
 50% of unencumbered value of the property under offer
or 75% of actual requirement for the stated purpose
which ever is less. Margin to be taken accordingly.
Repayment
 84 installments inclusive of moratorium period of up to 12 months.
 Interest to be serviced as and when debited.

Rate of Interest
As per extent guidelines.
Processing Fee, Documentation charges .
 As per guidelines in terms of HOBC 117/54 dated 06/05/2023
 Security
 Primary: Hypothecation of assets or mortgage of land, if loan is
considered for that purpose. If no assets are created then it should
be treated as clean.
 Collateral: Equitable or Registered Mortgage of Residential /
commercial property (1st charge) either of borrower or of
guarantor.
 Following conditions with regard to property under offer should be
fulfilled ;
• It should not be an agricultural property
• It should not be a vacant land
 Insurance
 Assets charged to the Bank to be comprehensively insured
covering various risks including civil commotions and
riots.
 The policies should be renewed from time to time and copy
retained on branch record. Bank’s interest to be got noted
in the insurance policy.
 Separate insurance policy to be obtained for the
mortgaged property.
Other Supporting Documents
1)Identity/Residence proof and photograph.
2)Balance sheet and profit & loss statement of last three
years in case of firms/companies.
3)Partnership letter in case of partnership firms.
4)Copy of Memorandum and Articles of Association,
certificates of Incorporation and Commencement of
business duly attested and copy of board resolution for a
availing the loan in case of ltd companies.
 Other Features
1)Facility can be availed from all the branches
2)Proposal Form To be submitted only through CAPS Module.
3)This product is expected to evoke considerable interest in those
seeking expansion of business as funds can be raised by offer of
collateral of landed property. Special attention should be given to
cash flow aspect mentioned above.
STAR SME EDUCATION PLUS
Free Code-360
(BC No.117/95 Dt. 14/07/2023)
Target Group
 Educational Institutions, Universities , Colleges , Schools
Purpose
1) Construction/ Renovation / Repair of building. Approval for construction/ addition/
alteration from all the concerned authorities must be in place for considering the credit
facility.
2) Purchase of Computer, lab equipment, Furniture, books etc.
Eligibility
1) The institutions must have got necessary approval from Government / Government
agencies for running the educational institution.
2) They should submit 3 years audited financial statements.
3) They should be profit making for continuous 2 years.
4) New and upcoming educational institutions can also be considered in which projections,
must be reasonable and justifiable.
5) Entry level credit rating. No deviation to be permitted.
 Quantum of Loan: Minimum Rs. 10.00 lac, Maximum Rs.1000.00 lac
Nature Of Facility: Term Loan
Margin : Minimum 15%
Repayment:
 Term Loan to be repaid in maximum 12 years inclusive of initial
moratorium of 36 months.
 Periodicity of installment to be determined on the basis of cash flow.

 DSCR should be minimum 1.25.

Rate of Interest: As per extent guidelines.
Processing Fee, Documentation charges
(50% Concession in applicable charges)
 As per extant guidelines in terms of HOBC
117/54 dated 06/05/2023.
 Security
Primary:
 Hypothecation of assets, if loan is considered for machineries /
equipments.
 Mortgage of land & building over which construction is proposed

Collateral:
1) Suitable collateral to be obtained so that minimum Asset Cover
for the Term loan shall be at 115%. Guarantee of key person/
promoter/trustee to be taken as per extant guidelines.
2) CGTMSE coverage to be done as per extant norms.
 Insurance
Assets charged to the Bank to be comprehensively insured
covering various risks including civil commotions and riots.
 The policies should be renewed from time to time and copy
retrained on branch record. Bank’s interest to be got noted in the
insurance policy.
 Separate insurance policy to be obtained for the mortgaged
property.
STAR SME CONTRACTOR
CREDIT LINE
Free Code-359
(BC No.117/100 Dt 06/07/2023)
Target Group
 Civil Contractors, Mining Contractors, Engineering Contractors,
Transport Contractors etc established as through
Proprietorship/Partnership firms, LLP, Limited Companies.
 The registered contractor as approved by State/Central Govt, PSU,
AAA rated Corporates.
Eligibility
 Engaged in the business line at least for the last 3 years
 Having Audited Financial Statements
 Entry level norms to be complied as per Bank auidelines
Purpose
 For meeting working capital needs
 Nature of Facility
 Fund Based: working capital /OD and Term Loan
 Non Fund Based: Bank Guarantee/ letters of credit
Quantum Of Limit
 WC: Minimum Rs.10 lakh and Maximum Rs.750 lakh
 NFB: Need based NFB to be provided.
Margin
 WC: Minimum 20% for fund based facility. Though the limit will be treated as
unsecured, contractors will have receivables which should be charged to the Bank and
a margin of 20% maintained there against.
 Term Loan: Min 15% Margin on cost of proposed assets.
 NFB: Minimum 15% cash margin for non-fund based facility.
 Tenor: Max. 10 including need based moratorium for Term Loan.
Appraisal Of Loan
 30% of last two years average turnover.
 Of this, 2/3rd will be used for Fund Based facility and 1/3rd for Non-fund based
facility such as BG/LC.
Rate of Interest
 Linked with Internal Rating
Processing Fee, Documentation charges
 As per extant guidelines in terms of HOBC 117/54 dated 06/05/2023
 Security
Primary:
 First charge on the unencumbered assets of the company/firm both current and fixed assets.

Collateral:
 As stipulated by Sanctioning Authority.

All other guidelines regarding delegation, deviation, CGTMSE coverage, take over etc. to be
followed as per extant guidelines.
Insurance
 Assets charged to the bank to be comprehensively insured covering various risks including
civil commotions and riots.
 The policies should be renewed from time to time and copy retrained on branch record. Bank’s
interest to be got noted in the insurance policy.
 Separate insurance policy to be obtained for the mortgaged property.

Documentation: As per extent guidelines of the Bank according to loan facility.

 Other Supporting Documents
1) Identity/Residence proof
2) Photograph of borrower/ co – borrower and guarantor with
their signatures attested by the their Bankers.
3) Balance sheet and profit loss statement of last three years
in case of firms/companies.
4) Partnership letter in case of partnership firms.
5) Copy of Memorandum and Articles of Association,
certificates of Incorporation and Commencement of
business duly attested and copy of board resolution for a
availing the loan in case of limited companies.
STAR LAGHU UDYAMI SAMEKIT
LOAN
Free Code-209
(BC No.104/58 Dt 10/08/2010)
Target Group:
Micro & Small Enterprises in rural, semi urban, Urban & metro Branches

Type of loan:
Composite loan in the form of Demand/Term Loan

Purpose:
Investment and working capital requirements. This products will be offered to those Micro &
Small Enterprises who require both working capital term/demand loan.

Margin: 15%
 Quantum of Loan
For units located in Maximum amount of loan (Rs.
In lac)
Rural areas 5.00
Semi urban areas 10.00
Urban areas 50.00
Metro areas 100.00
Repayment
 Maximum 60 months with a moratorium period of 3 to 6 months.
 Interest to be serviced as and when debited.
Rate of Interest
 As per extent guidelines.
Processing Fee, Documentation charges .
 As per guidelines in terms of HOBC 117/54 dated 06/05/2023
Security
1. Hypothecation of assets created out of bank finance as well as existing
unencumbered assets of the SME unit.
2. Equitable mortgage of land/ Land & Building which is part of the business
activity such as business premises.
3. Guarantee cover under CGTMSE Guarantee Scheme:- No collateral
security/third party guarantee to be obtained
Credit Rating
As per the extant guidelines credit rating for the loan up to Rs.10.00 lakh is
exempt.
For limit exceeding Rs.10.00 lakh entry level credit rating should be SME 5
 STAR MSE
DEMAND/TERM LOAN
Free Code-350
(BC No.104/58 Dt 10/08/2010)
Target Group:
Micro & Small Enterprises in rural, semi urban, Urban & metro Branches

Type of loan:
Separate Demand/Term Loan only

Purpose:
Purchase of Plant and Machinery/Equipment/Other Movable Assets

Margin: 15%
 Quantum of loan
For units located in Maximum amount of loan
(Rs. In lac)
Rural areas 5.00
Semi urban areas 10.00
Urban areas 50.00
Metro areas 100.00
Repayment
 Maximum 60 months with a moratorium period of 3 to 6 months.
 Interest to be serviced as and when debited.
Rate of Interest
 As per extent guidelines.
Processing Fee, Documentation charges .
 As per guidelines in terms of HOBC 117/54 dated 06/05/2023
Security
1. Hypothecation of assets created out of bank finance as well as existing
unencumbered assets of the SME unit.
2. Equitable mortgage of land/ Land & Building which is part of the business
activity such as business premises.
3. Guarantee cover under CGTMSE Guarantee Scheme:- No collateral
security/third party guarantee to be obtained
Credit Rating
As per the extant guidelines credit rating for the loan up to Rs.10.00 lakh
is exempt.
For limit exceeding Rs.10.00 lakh entry level credit rating should be SBS 5
Purpose: To provide adequate & timely assistance to artisans to meet
their credit requirements
Eligibility: All existing artisan borrower, All artisan involve in
production/manufacturing process, Artisan involve with SHG (Beneficiary
of Govt. Sponsored Scheme will not eligible for ACC)
Assessment of limit: As per WC requirement as well as cost of tools and
equipment required.
Maximum limit: Rs. 2.00 lakh

Collateral Security: Nil

Margin: Up to Rs.25000 - Nil, > Rs. 25000 - 20-25%

Validity: ACC will be valid for 3 years.

Eligibility:Women entrepreneurs, Women enterprises where
Women entrepreneurs hold not less than 51% financial holding.
Purpose: For economic activities like purchase of equipments,
machinery, vehicles etc and working capital needs. Agriculture &
Allied activities.
Margin: Up to Rs.50000- Nil, > Rs.50000- 15-20%

ROI: Up to Rs.50000 - 0.5% less than applicable rate

> Rs. 50000 - 1% less than applicable rate except DRI & KCC
NB: Net interest concession in case of education loan would not
exceed 2%